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It depends on what type of BI is implemented. This is around current minimum wage rates, so it could easily mean doing away with basic disability, welfare, and
by electromagnetic 12y ago
It depends on what type of BI is implemented. This is around current minimum wage rates, so it could easily mean doing away with basic disability, welfare, and the government pension.
I would say you're naive of the costs if you think the system change would only be negligibly beneficial. There's the distribution costs, the evaluation costs, then there's the investigators to make sure people aren't scamming the system. For every system. You've got disability, welfare, unemployment and pension investigators to make sure everyone is getting what they're supposed to and to make sure no ones scamming the system. You can't scam basic income.
It removes disincentives to work, in that without welfare systems there's no disadvantage to work, and there's no advantage to trying to scam the system.
It does also do the contrary. It incentivized people not to work, at least for shitty employers. You can't be an assholr to a minimum wage employee when they can leave and still afford rent and food.
It also provides income for people to start up businesses (this has been shown in BI trials currently ongoing in India), which when we have high unemployment rates amongst youths I can only see this as beneficial.
What's better for society, an 18 year old doing busy work making coffee for people too lazy to make their own or do you want them writing apps, starting lawn care companies, etc.